Before signing anything, verify the insurance company is authorized to do business in Nevada or check with the Division of Insurance, www.doi.state.nv.us, to make sure you are dealing with a legitimate, licensed insurer.

Check with the Division of Insurance, www.doi.state.nv.us, to make sure your agent is licensed with the state. Also, be sure you receive both a receipt and an insurance ID card or copy of your policy in a timely manner.

Several options exist for consumers that may sound like insurance, but do not offer the same protections as products regulated by the Division of Insurance. Protecting your assets is important, so make sure you know what you are buying.

Even if you are purchasing an approved insurance product, too little or the wrong kind of coverage could be devastating if you suffer a loss. Similarly, when considering annuities, you should always make sure the product you’re buying is right for you.

A low price might be enticing, but it’s important to weigh costs against benefits when choosing an insurance plan or policy.

Make sure you read and understand any and all documents you are required to sign.